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Technology Stocks : MRV Communications (MRVC) opinions? -- Ignore unavailable to you. Want to Upgrade?


To: mike.com who wrote (11540)12/30/1998 11:34:00 AM
From: Bruce L  Read Replies (1) | Respond to of 42804
 
<Well, kick it out the door...But remember, every dog has its day!>

Good advice. Yesterday(Tues), surprisingly, was a positive day. Second day in a row that we had positive money flow. In the past that's been a good indicator. In the early morning the stock was strong hitting a high of 6 5/8. Then about 3 PM EST for about 15 minutes the stock just collapsed hitting a low of 5 1/2 (for about 5 seconds on no volume). May have been related to the rumors about FORE pre-announcing - which apparently were unfounded.

Anyway, I'm following my own advice: purchased another 1k AT 6 1/8 for my already bloated MRVC portfolio.

Bruce